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Re: budfoxfun post# 34798

Friday, 03/16/2018 9:23:06 AM

Friday, March 16, 2018 9:23:06 AM

Post# of 74204
This makes sense, blockchain's underlying ledger technology can be rather intimidating. But think of it as a giant Excel spreadsheet that is visible on thousands of computers at once. People can document transactions in a cell, or "block," of the spreadsheet. After a set amount of time, that block will be locked, and a new block -- the next one in the "chain" -- will be opened for editing.

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